Gold Prices Regain a Foothold After Multiple Negative Sessions
Gold Prices Regain a Foothold After Multiple Negative Sessions FinancialBuzz.com News Commentary Share this article Share this article NEW YORK, March 10, 2021 /PRNewswire/ -- Gold prices rebounded about 2% on Tuesday, surpassing the key price mark of USD 1,700 and posted their first gain in five sessions. The yellow metal's recovery is attributed to a fall in the dollar value and a pullback in yields for government debt from one-year highs. "Given the metal's zero-yielding nature, falling yields may provide a tailwind for bulls to elevate prices higher," said Lukman Otunuga, Senior Researc...